April 19 (SeeNews) - The outstanding loans of Montenegro's banking sector increased to 3.01 billion euro ($3.39 billion) at the end of February, up 12% year-on-year, central bank data shows.
Loans to households rose by 12.2% year-on-year to 1.27 billion euro as at end-February, while loans to privately owned companies grew by 7.9% to 1.025 billion euro, according to figures posted on the website of Montenegro's central bank, CBCG.
The total value of impairment of loans increased to 143.3 million euro at the end of February, from 137.9 million euro a year earlier.
Deposits with Montenegrin banks increased 7.6% year-on-year to 3.483 billion euro at end-February. The deposits of households grew by 3.5% to 1.276 billion euro
The outstanding loans of Montenegro's banking sector totaled 2.93 billion euro at the end of 2018, up 8.5%.
($ = 0.889214 euro)